The co-founder of failed cryptocurrency exchange FTX pleaded not guilty to a seven count indictment charging him with wire fraud, securities fraud and money laundering.

An attorney for FTX co-founder Sam Bankman-Fried said in federal court Tuesday his client has to subsist on bread, water and peanut butter because the jail he’s in isn’t accommodating his vegan diet.

  • Zorque@kbin.social
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    1 year ago

    Jail isn’t fun, no, but its also supposed to be about reformation, not straight punishment.

    If all we do is punish them, they have no real incentive to change. Just do a better job of not getting caught next time.

    Or, in Sammy’s case, choose less influential people to bilk.

    • rtxn@lemmy.world
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      1 year ago

      This isn’t punishment yet. Not for his financial crimes anyway. He’s being held because he allegedly violated his bond through witness tampering and because he can’t stop flapping his mouth to the media. The judge has an obligation to preserve the court’s integrity throughout the case, for both the plaintiff and the defendant, and that means limiting the defendant’s freedom.

      • Zorque@kbin.social
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        1 year ago

        Limit the freedom with regards to how well they’re fed? That seems pretty… draconian. “You’re not guilty… yet, but we’re going to curtail your basic freedoms on principle, cause fuck it right?”